However, the stock market bull-run wasn't able to sustain its strength and started its descent starting the middle of the year as news about the easing of the US Federal Reserve's bond-buying program will be cut anytime soon.
As the stock market seemed to regain its strength towards the end of the year, two nature-related catastrophic events, a 7.2 magnitude earthquake that struck Bohol and nearby provinces on October 15 and the Super Typhoon Yolanda that devasted Leyte, Samar and nearby provinces that started on November 6, brought the stock as well as other financial markets down further to its knees.
The announcement of the Fed to cut down its bond-buying program starting January 2014 just recently, served as the finishing touches on our stock market's red-and-green story of 2013.
Below is our list of returns performances of Philippine Mutual Funds ending the year 2013.
Good luck to every body's Mutual Fund investments as we start another year of yet unexpected but brighter year ahead of us!
EQUITY MUTUAL FUNDS
BALANCED MUTUAL FUNDS
MONEY MARKET MUTUAL FUNDS
PESO BOND MUTUAL FUNDS
INDEX MUTUAL FUND
